Sustainability Report

2021

MAÎTRE CHOCOLATIER SUISSE DEPUIS 1845

Introduction and Strategy

Improving livelihoods

Contributing to an intact environment

Performing together

Delighting consumers

KPIs and Appendix

2

SUSTA I NA BI L I T Y R E PORT 2 021

Content

Foreword by our CEO and CFO

About Lindt & Sprüngli

Highlights 2021

Our mission - our value chain from bean to bar Sustainability strategy and governance

Lindt & Sprüngli Sustainability Plan Main commitments and progress 2021 Determining our material topics Responsible business conduct and human rights Stakeholder engagement

Sustainability governance

Improving livelihoods

Responsible sourcing

Responsible sourcing approach

Our cocoa sustainability approach

3

Contributing to an intact environment

4

The Lindt Performance Way

5

Climate

6

Water and waste

Packaging

7

Performing together

  1. Occupational health and safety
  2. Enabling and motivating working environment

9

11 Delighting consumers

  1. Product quality and product safety
  2. Transparent and responsible communication
  3. KPIs and Appendix

17

Key performance indicators

About this report

19

23 Our contribution to the SDG GRI Content Index

35

37

38

41

43

45

47

49

52

54

56

58

59

64

65

66

L I N D T⁜&⁜SPRÜ NGLI

MAÎTRE CHOCOLATIER SUISSE DEPUIS 1845

Introduction and Strategy

Improving livelihoods

Contributing to an intact environment

Performing together

Delighting consumers

KPIs and Appendix

3

SUSTA I NA BI L I T Y R E PORT 2 021

Foreword by our CEO and CFO

Dr Dieter Weisskopf, CEO Lindt & Sprüngli Group

Martin Hug, CFO Lindt & Sprüngli Group

and Head of the Sustainability Executive Team

Our purpose as a premium chocolate maker is to enchant the world with chocolate.

These words bear our promise to uphold high quality standards - not just for our products, but for the way we do business. For over 175 years, Lindt & Sprüngli has proudly lived up to this promise, building a global reputation for excellence, innovation, and sustain- ability. As we look forward, our purpose guides us to make a positive impact and help create a better future.

The world faces many challenges, such as the deterioration of nature and biodiversity, which are the basis of life and our products. Climate change has the potential to exacerbate social conflicts and challenge agricultural production of raw materials. Human rights violations are still widespread, reinforcing inequalities and hindering the improvement of livelihoods for many people.

The Lindt & Sprüngli Sustainability Plan is our ambition to help address these challenges and to create a better tomorrow. It is our pathway to becoming more sustainable along our entire value chain, from sourcing and production to packaging and consumption.

We continue to build on this solid foundation: in 2021, more than 91,000 farmers participated in our Lindt & Sprüngli Farming Program and 100% of our cocoa beans and 64% of our cocoa beans equivalent are sourced through sustainability programs. Our first complete carbon footprint has revealed that our greatest leverage to limit climate change is in our value chain, namely in sourcing cocoa and other raw materials, as well as in transportation and packaging initiatives. This footprint will enable us to announce our Science Based GHG Reduction Targets in 2023. We also rolled out our Sustainable Packaging initiative further, which aims to make 100% of packaging recyclable by 2025 and to reduce the use of plastics.

This progress demonstrates that Lindt & Sprüngli's Purpose, Mission, and Values are anchored deep within our culture and in the hearts of our employees, motivating everyone along our value chain to contribute to a more sustainable future.

Going forward, we anticipate a rapid increase and strengthening of social, environmental, and corporate governance regulations, growth in investor interest, and the allocation of more resources toward sustainable solutions. There will also be increasing demand from our business, trade, and supply chain partners - as well as growing awareness and expectations from our employees, consumers, and the general public - for improved sustainability performance.

This encourages us to further strengthen Lindt&  Sprüngli's good business conduct. We consider business integrity and human rights as cross-cutting issues relevant throughout the Lindt & Sprungli Sustainability Plan and our way of doing business. We are currently developing a human rights policy and action plan, which will formalize our commitment even further.

We are proud to share our 12th annual Sustainability Report, for the first time referencing the reporting standards of the Global Reporting Initiative (GRI).

Dr Dieter Weisskopf

Martin Hug

CEO Lindt & Sprüngli Group

CFO Lindt & Sprüngli Group

L I N D T⁜&⁜SPRÜ NGLI

MAÎTRE CHOCOLATIER SUISSE DEPUIS 1845

Introduction and Strategy

Improving livelihoods

Contributing to an intact environment

Performing together

Delighting consumers

KPIs and Appendix

4

SUSTA I NA BI L I T Y R E PORT 2 021

About Lindt & Sprüngli

> 14,000

employees work for us worldwide

Our chocolateis sold in more than

120countries

and by 31 subsidiaries and regional offices as well as via more than 100 independent distributors

Lindt & Sprüngli was founded in 1845 in Zurich, Switzerland, and has been enchanting the world with chocolate for more than

175 years

The Lindt & Sprüngli Group reported sales of

CHF 4.59 billion

in 2021

Our Group includes 8 brands:

Lindt, Ghirardelli,

Russell Stover, Whitman's,

Pangburn's, Caffarel,

Hofbauer and Küfferle

Our products are sold in around

500own stores

We have our own dedicated sustainability program:

the Lindt & Sprüngli Farming Program. Through the Program

we source cocoa beans and cocoa butter from

7 countries of origin

Ghana, Ecuador, Madagascar, Papa New Guinea, Dominican Republic, Peru, and Côte d'Ivoire

L I N D T⁜&⁜SPRÜ NGLI

MAÎTRE CHOCOLATIER SUISSE DEPUIS 1845

We produce premium chocolate at our

11 factories

in Europe and the USA

Introduction and Strategy

Improving livelihoods

Contributing to an intact environment

Performing together

Delighting consumers

KPIs and Appendix

100% of our cocoa beans and

64%

of cocoa beans equivalent are sourced

through sustainability programs

> 91,000

farmers participating in the

Lindt & Sprüngli Farming Program

Expanded our Responsible Sourcing

Roadmap to include

12

raw and packaging materials

5

SUSTA I NA BI L I T Y R E PORT 2 021

Highlights 2021

Calculated our first complete

carbon footprint

(Scopes 1, 2, and 3)

on the path to defining science based targets (SBT)

Joined the

> 2.8 million

Sustainable Packaging

shade trees distributed through cocoa

Coalition

sustainability programs since 2008

to support our five packaging targets

Innovative Excellence Cocoa Pure

Lindt HELLO Vegan wins

Vegan Food

made from

38%

100%

Award

cocoa fruit to reduce food waste

of senior leadership positions

from cocoa fruit pulp

from PETA

held by women

L I N D T⁜&⁜SPRÜ NGLI

MAÎTRE CHOCOLATIER SUISSE DEPUIS 1845

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Chocoladefabriken Lindt & Sprüngli AG published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 12:43:02 UTC.